NASDAQ : HWKN
Hawkins, Inc. — Financial statements
Materials · Specialty Chemicals · United States
Last price 153.73 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.20B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hawkins, Inc. (HWKN) reported revenue of 1.14B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.14B | 1.08B | 974.43M | 919.16M | 935.10M | 774.54M |
| Cost of Revenue | 883.82M | 838.64M | 748.89M | 725.53M | 769.98M | 628.02M |
| Gross Profit | 255.66M | 245.06M | 225.54M | 193.64M | 165.12M | 146.52M |
| Selling, General & Admin | 113.94M | 108.64M | 92.19M | 80.53M | 76.97M | 75.33M |
| Amortization of Goodwill & Intangibles | 21.30M | 21.30M | 12.80M | 8.50M | ||
| Operating Expenses | 135.24M | 129.94M | 105.00M | 89.03M | 76.97M | 75.33M |
| Operating Income | 120.42M | 115.12M | 120.54M | 104.61M | 88.15M | 71.19M |
| Interest Expense | -11.82M | -13.51M | -5.43M | -4.28M | -5.23M | -1.40M |
| Other Non Operating Income (Expenses) | 1.58M | 1.55M | 641.00K | 1.39M | -334.00K | 189.00K |
| EBT Excluding Unusual Items | 110.18M | 103.16M | 115.75M | 101.72M | 82.58M | 69.98M |
| Other Unusual Items | 6.18M | 6.18M | -1.37M | -571.00K | ||
| Pretax Income | 116.36M | 109.34M | 114.38M | 101.14M | 82.58M | 69.98M |
| Income Tax Expense | 30.55M | 27.79M | 30.04M | 25.78M | 22.54M | 18.44M |
| Net Income | 85.81M | 81.55M | 84.34M | 75.36M | 60.04M | 51.54M |
| Net Income to Common | 85.81M | 81.55M | 84.34M | 75.36M | 60.04M | 51.54M |
| Shares Outstanding (Basic) | 20.74M | 20.74M | 20.80M | 20.86M | 20.85M | 20.95M |
| Shares Outstanding (Diluted) | 20.86M | 20.86M | 20.94M | 21.01M | 21.01M | 21.14M |
| EPS (Basic) | 4.14 | 3.93 | 4.05 | 3.61 | 2.88 | 2.46 |
| EPS (Diluted) | 4.12 | 3.91 | 4.03 | 3.59 | 2.86 | 2.44 |
| Free Cash Flow | 92.53M | 86.09M | 70.00M | 119.35M | 29.08M | 14.32M |
| Free Cash Flow Per Share | 4.44 | 4.13 | 3.34 | 5.68 | 1.38 | 0.68 |
| Dividend Per Share | 0.77 | 0.75 | 0.70 | 0.63 | 0.57 | 0.52 |
| Gross Margin | 22.44% | 22.61% | 23.15% | 21.07% | 17.66% | 18.92% |
| Operating Margin | 10.57% | 10.62% | 12.37% | 11.38% | 9.43% | 9.19% |
| Profit Margin | 7.53% | 7.52% | 8.66% | 8.20% | 6.42% | 6.65% |
| Free Cash Flow Margin | 8.12% | 7.94% | 7.18% | 12.98% | 3.11% | 1.85% |
| EBITDA | 175.65M | 167.66M | 160.49M | 136.41M | 115.59M | 95.32M |
| EBITDA Margin | 15.42% | 15.47% | 16.47% | 14.84% | 12.36% | 12.31% |
| D&A For EBITDA | 55.23M | 52.54M | 39.95M | 31.80M | 27.44M | 24.13M |
| EBIT | 120.42M | 115.12M | 120.54M | 104.61M | 88.15M | 71.19M |
| EBIT Margin | 10.57% | 10.62% | 12.37% | 11.38% | 9.43% | 9.19% |
| Effective Tax Rate | 26.25% | 25.42% | 26.26% | 25.49% | 27.30% | 26.35% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.10M | 3.91M | 5.10M | 7.15M | 7.57M | 3.50M |
| Cash & Short-Term Investments | 8.05M | 3.91M | 5.10M | 7.15M | 7.57M | 3.50M |
| Accounts Receivable | 149.28M | 139.80M | 131.79M | 114.48M | 129.25M | 122.83M |
| Other Receivables | 891.00K | 2.86M | ||||
| Receivables | 149.28M | 140.69M | 134.66M | 114.48M | 129.25M | 122.83M |
| Inventory | 92.95M | 78.20M | 83.51M | 74.60M | 88.78M | 94.98M |
| Prepaid Expenses | 6.85M | 8.66M | 7.42M | 6.60M | 6.45M | 6.43M |
| Total Current Assets | 257.12M | 231.47M | 230.69M | 202.83M | 232.04M | 227.74M |
| Property, Plant & Equipment | 288.92M | 283.10M | 238.74M | 220.59M | 196.00M | 172.45M |
| Long-Term Investments | 4.27M | 4.03M | 1.77M | |||
| Goodwill | 224.44M | 223.04M | 135.41M | 103.40M | 77.40M | 77.40M |
| Other Intangible Assets | 224.46M | 232.89M | 150.12M | 116.63M | 73.06M | 80.19M |
| Long-Term Deferred Charges | 700.00K | 800.00K | ||||
| Other Long-Term Assets | 16.42M | 15.00M | 15.09M | 10.23M | 8.00M | 7.78M |
| Total Assets | 1.01B | 986.29M | 770.05M | 657.93M | 590.53M | 567.33M |
| Accounts Payable | 69.61M | 59.84M | 61.20M | 56.39M | 53.70M | 66.69M |
| Accrued Expenses | 23.45M | 29.02M | 28.39M | 27.23M | 17.28M | 19.03M |
| Current Portion of Long-Term Debt | 9.91M | 9.91M | 9.91M | |||
| Current Portion of Leases | 3.00M | 2.90M | ||||
| Current Income Taxes Payable | 5.03M | 1.94M | 3.33M | 39.00K | ||
| Current Unearned Revenue | 1.58M | |||||
| Other Current Liabilities | 14.68M | 11.41M | 4.74M | 7.83M | 6.64M | 5.79M |
| Total Current Liabilities | 112.76M | 104.84M | 97.22M | 103.31M | 90.87M | 101.47M |
| Long-Term Debt | 229.00M | 244.00M | 149.00M | 88.82M | 101.73M | 115.64M |
| Long-Term Leases | 14.70M | 14.46M | 10.92M | 9.53M | 8.69M | 9.14M |
| Pension & Post-Retirement Benefits | 2.56M | 2.76M | 3.15M | 3.54M | 3.91M | 4.28M |
| Long-Term Deferred Tax Liabilities | 26.14M | 25.11M | 22.36M | 22.41M | 23.80M | 23.42M |
| Other Long-Term Liabilities | 63.20M | 61.11M | 27.10M | 24.31M | 11.52M | 10.78M |
| Total Liabilities | 448.36M | 452.28M | 309.76M | 251.91M | 240.52M | 264.73M |
| Common Stock | 207.00K | 208.00K | 207.00K | 208.00K | 209.00K | 209.00K |
| Additional Paid-In Capital | 14.74M | 32.68M | 24.09M | 38.15M | 44.44M | 46.72M |
| Retained Earnings | 548.04M | 500.14M | 434.26M | 364.55M | 302.42M | 254.38M |
| Comprehensive Income & Other | 702.00K | 981.00K | 1.73M | 3.12M | 2.94M | 1.29M |
| Shareholders' Equity | 563.69M | 534.01M | 460.29M | 406.03M | 350.02M | 302.60M |
| Total Liabilities & Equity | 1.01B | 986.29M | 770.05M | 657.93M | 590.53M | 567.33M |
| Total Debt | 243.70M | 261.46M | 162.82M | 108.26M | 120.33M | 134.70M |
| Net Cash (Debt) | -235.65M | -257.54M | -157.72M | -101.11M | -112.77M | -131.20M |
| Net Cash Per Share | -11.30 | -12.35 | -7.53 | -4.81 | -5.37 | -6.21 |
| Filing Date Shares Outstanding | 20.79M | 20.87M | 20.80M | 20.91M | 21.00M | 21.08M |
| Total Common Shares Outstanding | 20.67M | 20.75M | 20.68M | 20.79M | 20.85M | 20.89M |
| Working Capital | 144.37M | 126.62M | 133.47M | 99.52M | 141.17M | 126.27M |
| Book Value Per Share | 27.26 | 25.73 | 22.25 | 19.53 | 16.79 | 14.49 |
| Tangible Book Value | 114.80M | 78.08M | 174.76M | 186.00M | 199.56M | 145.01M |
| Tangible Book Value Per Share | 5.55 | 3.76 | 8.45 | 8.95 | 9.57 | 6.94 |
| Land | 21.22M | 18.68M | 17.92M | 16.34M | 16.64M | |
| Buildings | 193.21M | 163.91M | 147.70M | 134.90M | 118.37M | |
| Machinery | 275.23M | 238.36M | 221.03M | 193.51M | 169.05M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 85.81M | 81.55M | 84.34M | 75.36M | 60.04M | 51.54M |
| Depreciation & Amortization | 55.23M | 52.54M | 39.95M | 31.80M | 27.44M | 24.13M |
| Loss (Gain) From Sale of Assets | -202.00K | -202.00K | -61.00K | -85.00K | -2.95M | 452.00K |
| Stock-Based Compensation | 8.15M | 8.57M | 6.50M | 4.88M | 3.83M | 3.82M |
| Other Operating Activities | 2.90M | -517.00K | 4.75M | 516.00K | 2.16M | 302.00K |
| Change in Accounts Receivable | -17.56M | -2.47M | -11.23M | 21.40M | -6.39M | -30.53M |
| Change in Inventory | 699.00K | 10.05M | -6.57M | 19.92M | 4.72M | -30.03M |
| Change in Accounts Payable | 14.85M | -5.84M | 2.44M | -828.00K | -11.60M | 25.14M |
| Change in Income Taxes | 3.16M | 2.07M | -4.81M | -1.39M | 3.29M | 214.00K |
| Change in Other Net Operating Assets | -4.26M | -1.43M | -4.22M | 7.92M | -3.14M | -2.20M |
| Operating Cash Flow | 148.78M | 144.33M | 111.10M | 159.50M | 77.40M | 42.84M |
| Capital Expenditures | -56.25M | -58.24M | -41.10M | -40.15M | -48.32M | -28.51M |
| Sale of Property, Plant & Equipment | 728.00K | 1.25M | 544.00K | 1.10M | 7.09M | 302.00K |
| Cash Acquisitions | -9.80M | -167.11M | -87.40M | -83.45M | -21.55M | |
| Investing Cash Flow | -65.32M | -224.10M | -127.95M | -122.50M | -41.23M | -49.76M |
| Long-Term Debt Issued | 170.00M | 110.00M | 85.00M | 45.00M | 42.00M | |
| Long-Term Debt Repaid | -75.00M | -60.00M | -98.00M | -59.00M | -15.00M | |
| Net Debt Issued (Repaid) | -50.00M | 95.00M | 50.00M | -13.00M | -14.00M | 27.00M |
| Issuance of Common Stock | 3.11M | 3.04M | 2.66M | 2.24M | 2.01M | 1.77M |
| Repurchase of Common Stock | -23.79M | -3.03M | -23.22M | -13.41M | -8.11M | -10.01M |
| Common Dividends Paid | -16.08M | -15.66M | -14.63M | -13.24M | -12.00M | -11.06M |
| Other Financing Activities | -20.00K | -764.00K | -287.00K | |||
| Financing Cash Flow | -86.78M | 78.58M | 14.81M | -37.41M | -32.10M | 7.42M |
| Net Cash Flow | -3.31M | -1.19M | -2.05M | -413.00K | 4.07M | 498.00K |
| Free Cash Flow | 92.53M | 86.09M | 70.00M | 119.35M | 29.08M | 14.32M |
| Free Cash Flow Margin | 8.12% | 7.94% | 7.18% | 12.98% | 3.11% | 1.85% |
| Free Cash Flow Per Share | 4.44 | 4.13 | 3.34 | 5.68 | 1.38 | 0.68 |
| Levered Free Cash Flow | 82.20M | 75.05M | 50.15M | 102.83M | 25.00M | 12.39M |
| Unlevered Free Cash Flow | 89.59M | 83.50M | 53.54M | 105.50M | 28.27M | 13.27M |
| Cash Interest Paid | 11.95M | 13.65M | 5.79M | 4.65M | 4.76M | 1.20M |
| Cash Income Tax Paid | 23.22M | 22.68M | 34.39M | 28.63M | 19.48M | 19.73M |
| Change in Working Capital | -3.10M | 2.38M | -24.39M | 47.02M | -13.12M | -37.41M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.20B | 3.18B | 2.22B | 1.61B | 921.67M | 965.02M |
| Enterprise Value | 3.44B | 3.45B | 2.34B | 1.73B | 1.06B | 1.07B |
| Last Close Price | 152.53 | 151.70 | 105.29 | 75.70 | 42.68 | 43.94 |
| PE Ratio | 37.41 | 38.99 | 26.34 | 21.35 | 15.35 | 18.72 |
| Forward PE | 33.87 | 36.19 | 25.98 | 21.82 | 16.81 | 21.27 |
| PS Ratio | 2.85 | 2.93 | 2.28 | 1.75 | 0.99 | 1.25 |
| PB Ratio | 5.59 | 5.95 | 4.83 | 3.96 | 2.63 | 3.19 |
| P/TBV Ratio | 28.33 | 40.72 | 12.71 | 8.65 | 4.62 | 6.66 |
| P/FCF Ratio | 35.15 | 36.94 | 31.73 | 13.48 | 31.70 | 67.37 |
| P/OCF Ratio | 21.86 | 22.03 | 20.00 | 10.09 | 11.91 | 22.53 |
| PEG Ratio | 2.79 | 2.68 | 3.71 | |||
| EV/Sales Ratio | 3.06 | 3.18 | 2.40 | 1.89 | 1.13 | 1.38 |
| EV/EBITDA Ratio | 19.86 | 20.58 | 14.56 | 12.71 | 9.14 | 11.21 |
| EV/EBIT Ratio | 28.96 | 29.97 | 19.39 | 16.57 | 11.99 | 15.01 |
| EV/FCF Ratio | 37.69 | 40.07 | 33.39 | 14.53 | 36.35 | 74.59 |
| Debt / Equity Ratio | 0.43 | 0.49 | 0.35 | 0.27 | 0.34 | 0.45 |
| Debt / EBITDA Ratio | 1.35 | 1.51 | 0.99 | 0.77 | 1.01 | 1.37 |
| Debt / FCF Ratio | 2.63 | 3.04 | 2.33 | 0.91 | 4.14 | 9.40 |
| Net Debt / Equity Ratio | 0.42 | 0.48 | 0.34 | 0.25 | 0.32 | 0.43 |
| Net Debt / EBITDA Ratio | 1.34 | 1.54 | 0.98 | 0.74 | 0.98 | 1.38 |
| Net Debt / FCF Ratio | 2.55 | 2.99 | 2.25 | 0.85 | 3.88 | 9.16 |
| Asset Turnover | 1.14 | 1.23 | 1.36 | 1.47 | 1.61 | 1.49 |
| Inventory Turnover | 9.51 | 10.37 | 9.47 | 8.88 | 8.38 | 7.91 |
| Quick Ratio | 1.40 | 1.38 | 1.44 | 1.18 | 1.51 | 1.25 |
| Current Ratio | 2.28 | 2.21 | 2.37 | 1.96 | 2.55 | 2.24 |
| Return on Equity (ROE) | 16.03% | 16.40% | 19.47% | 19.94% | 18.40% | 18.15% |
| Return on Assets (ROA) | 7.54% | 8.19% | 10.55% | 10.47% | 9.52% | 8.56% |
| Return on Invested Capital (ROIC) | 11.13% | 12.18% | 15.80% | 16.07% | 14.30% | 13.00% |
| Return on Capital Employed (ROCE) | 13.40% | 13.10% | 17.90% | 18.90% | 17.60% | 15.30% |
| Earnings Yield | 2.67% | 2.56% | 3.80% | 4.69% | 6.51% | 5.34% |
| FCF Yield | 2.85% | 2.71% | 3.15% | 7.42% | 3.16% | 1.48% |
| Dividend Yield | 0.52% | 0.49% | 0.65% | 0.81% | 1.29% | 1.13% |
| Payout Ratio | 19.42% | 19.21% | 17.35% | 17.57% | 19.99% | 21.45% |
| Buyback Yield / Dilution | 0.24% | 0.36% | 0.37% | 0.00% | 0.57% | 0.59% |
| Total Shareholder Return | 0.75% | 0.85% | 1.02% | 0.82% | 1.86% | 1.72% |